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Stock-Based Compensation (Tables)
12 Months Ended
Mar. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock-Based Compensation Expense of Stock Options and Restricted Stock Units
The following tables summarize the allocation of the stock-based compensation expense (in thousands): 
 
Fiscal Years Ended March 31,
 
2016
 
2015
 
2014
Stock-based compensation expense by type of grant:
 
 
 
 
 
Stock options and employee stock purchase rights
$
1,155

 
$
1,408

 
$
2,520

RSUs
24,667

 
16,892

 
14,517

 
25,822

 
18,300

 
17,037

Stock-based compensation expensed from (capitalized to) inventory
(18
)
 
5

 
(16
)
Total stock-based compensation expense
$
25,804

 
$
18,305

 
$
17,021

Summary of Stock-Based Compensation Expense
 
Fiscal Years Ended March 31,
 
2016
 
2015
 
2014
Stock-based compensation expense by cost centers:
 
 
 
 
 
Cost of revenues
$
540

 
$
285

 
$
460

Research and development
18,018

 
11,657

 
6,371

Selling, general and administrative
7,264

 
6,358

 
10,206

 
25,822

 
18,300

 
17,037

Stock-based compensation expensed from (capitalized to) inventory
(18
)
 
5

 
(16
)
Total stock-based compensation expense
$
25,804

 
$
18,305

 
$
17,021

Schedule of Weighted-Average Assumptions Used to Estimate the Fair Value of Stock Options
The fair values of the options and employee stock purchase rights granted are estimated as of the grant date using the Black-Scholes option-pricing model with the following assumptions: 
 
Options
 
Employee Stock Purchase Rights
 
Fiscal Years Ended March 31,
 
Fiscal Years Ended March 31,
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
Expected life (years)
*
 
*
 
4.4

 
0.5

 
0.5

 
0.5

Risk-free interest rate
*
 
*
 
0.6
%
 
0.1
%
 
0.1
%
 
%
Volatility
*
 
*
 
49
%
 
57
%
 
57
%
 
56
%
Expected forfeiture rate
*
 
*
 
5.8
%
 
%
 
%
 
%
Weighted average fair value
*
 
*
 
$
2.95

 
$
1.80

 
$
2.17

 
$
3.40


* The Company did not grant options during the twelve months ended March 31, 2016 and 2015.